PARIS -- Technicolor (Euronext Paris: TCH ; NYSE: TCH) announces the completion of the sale of its Grass Valley Broadcast business to Francisco Partners on 31 December 2010, as expected in the offer received in July 2010 and according to the terms detailed in the Company's 26 July 2010 press release.

Following this disposal, the sale of Screenvision US announced on 14 October 2010, and the binding offer from PARTER Capital Group for the Grass Valley transmission business announced on 23 December 2010, most of Technicolor's non-strategic activities disposal program will have been completed. The activities sold to date account for more than two thirds of the total revenues of activities included in the disposal program.

The disposal process for the Head-End business and for PRN continues.

Technicolor (Euronext Paris: TCH; NYSE: TCH)